Chapter 357: Gou
Today, Enron is an energy company based in Houston, Texas, and its predecessors are Houston Natural Gas founded in 1925 and Pacific Natural Gas and Electric founded in 1930.
In 1985, the two companies announced their merger, making them America's second-largest supplier of natural gas pipelines at the time.
In '88, they tried to expand and entered the British energy market.
In '89, when they didn't have enough money, they packaged their natural gas into a commodity and set up gas banks that allowed natural gas producers and wholesalers to buy the company's natural gas supply while hedging price risk, which is the financialization of the commodity.
In the '90s, they opened futures and options trading services on the New York Stock Exchange.
Since then, Enron has become a financial company because their essence is not to sell goods, but to make a lot of profits through the use of financial instruments.
Of course, if it was just that, then their license would have been changed a long time ago, but at the same time as arbitrage profits, they also invested the profits they earned, or, as the national father-in-law said, 'I can spend the money I earn as I want', Enron launched the global buy-buy-buy model - in just one year, they occupied three percent of the total electricity market in the United Kingdom, and by ninety-four years, Germany, France, Norway, Poland, India, the Philippines, Japan, Australia, Guatemala and other 18 countries around the world have a presence in the energy market, and in 98, Enron invaded the British water market, swallowing up all the sewage treatment business in the southwest of England.
In fact, Enron is also a typical example of America's implementation of monopolistic competition under economic globalization, and when global investment is rolled out, the annual overseas income can account for 25% of Enron's overall income.
It is not appropriate to say that with Enron, America can earn 25 billion yuan a year from other countries.
Although compared with the GDP of more than 10 trillion yuan, 25 billion yuan is not enough at all, and compared with the global proportion of more than 30% of GDP, the proportion of more than 20 billion yuan in the global energy market is also inconspicuous.
But doesn't a successful invasion mean that there are infinite possibilities?
As long as it can suck blood from other countries, it means that there is no problem with the idea of monopolistic competition!
As a result, Enron has been continuously recognized as 'America's Most Innovative Company' since '96.
But if the acquisition of other companies with financial instruments and the invasion of overseas markets are innovation, then Roland feels that he is the most innovative entrepreneur in the 21st century.
Isn't that funny!
But that's the way it is.
When Enron announced that its expected revenue this year would exceed 100 billion, their family's stock skyrocketed!
Not only that, when Enron saw the stock price soaring, he also honestly issued a public statement, saying that the revenue of 100 billion yuan is the current expectation, and there may be a big difference with next year's financial report, because they are also preparing to enter the high-speed optical fiber network market on the main road of Internet traffic this year, and when they are expected to burn a lot of money, their stock price will rise faster!
Why?
Because the Internet represents making money!
In these years, the Internet is the same as P2P in the future, no matter whether it is a man or a woman, whether it is old or young, as long as they sell their business to them as the Internet, even if it is a little bit touched, then they will go crazy and drill into it!
And when the old man who sells breakfast and the old lady who sells vegetables tell you that if you are now engaged in the stock market, it is equivalent to picking up money for nothing, and the guys who have long been involved in the stock market have already begun to run away-
"How much Microsoft is there now?"
"Forty-eight."
"How many shares do we have?"
"Two million and nine hundred thousand shares, and they did a one-to-two split last December."
"What about more than a billion? Thrown, thrown! Throw it all away! β
"Are you sure?"
"Of course!"
"To avoid suspicion?"
"That's right!"
Although with Roland's intervention, the course of history has changed dramatically, and he no longer dares to guarantee that when the Internet bubble arrives, Microsoft, which wants to buy Yahoo, will still have a plummeting stock price, but-
It never hurts to sell a lot.
What's more, as a former shareholder of Yahoo and a current shareholder of Microsoft, when the founder of Yahoo is about to be kicked out of the company, Microsoft wants to sell shares at the key point of its proposed acquisition, which is actually a hedging move.
In case of this kind of insider trading in the future, Roland, who has not eaten the profits, can claim that he is just a victim.
As Yahoo's Bole, he also didn't want to sell Yahoo shares, but when he chose Microsoft stock as a supplement to his usual investment, Microsoft, who learned the news, forced him to choose one of the two.
Because Microsoft's MSN and Yahoo, are competitors.
In this case, he who is more optimistic about Microsoft can only reluctantly sell Yahoo stock.
As for why those stocks ended up in Carl Icahn's hands?
Why did Yahoo end up being acquired by Microsoft?
He didn't know any of that.
And if someone has to accuse him of facilitating the whole deal, then Roland can also smash their brains with the facts-
"I lost billions of dollars myself, just to get Microsoft to buy Yahoo?"
"I'm crazy, right?"
"When I knew Microsoft could afford to buy Yahoo, why didn't I broker the deal myself? Just ask for more board seats, kick out all the opposition, and finally sell Yahoo to Microsoft, so I can still become a major shareholder of Microsoft! β
"Is the Yahoo stock price in '98 and the Yahoo stock price in 2,000 years the same number?"
"In order for Microsoft to buy Yahoo, I posted nearly 5 billion into it?"
"Do you think I am you?"
While this justification sucks, it's sufficient.
Because Microsoft and the Wolf King, as stakeholders, cannot take the initiative to blow themselves up.
As for putting the black pot on Microsoft's head?
Bill Gates's old coin can use the decision to devour Apple's education machine market as a notice to tell them, and then Roland in turn will give people a hat, and there is no psychological pressure at all.
Capital will huddle together for warmth, but who will give people their backs?
Since there are no eternal friends, only eternal interests, what ......
At any time, it is better to live longer than to take the lead in the charge.
"And what are you going to buy after you sell it?" David on the other end of the phone asked again.
"I won't buy it for the time being, now the situation is not right, let's see the situation."
"What? Don't buy it? Then it's a waste to put nearly 10 billion cash in your account there! β
βWhatοΌ How much cash do I have? Roland was stunned.
"Or else?" David's tone was a little helpless, "After Yahoo was sold, you bought a Marvel." β
"The rest of the money has been lying in the account all the time."
"Although you have bought a lot of land and houses over the years, it is only a fraction of the money on your account."
"Based on the current stock price of 44,000 yuan for your favorite Berkshire Hathaway, after you sell Microsoft shares, you can buy 200,000 shares with all the money you have."
'Hold the grass! 44,000,000 shares, isn't that 8.8 billion? β
Roland was shocked.
As soon as he thought that he had 8.8 billion yuan in cash lying in the bank for the other party to earn custody fees, he was so angry that he didn't fight.
For a long time, Roland's pursuit was to take the money from leeks and make his own family.
And now, he is being cut as a leek by the bank?
This, this, this......
I can't bear it!
I really can't bear it!
"Then go ahead and buy Berkshire Hathaway."
As soon as he said this, Roland realized that something was wrong.
Not to mention how many shares Berkshire Hathaway has in circulation, not to mention that their trading volume in January is only about 15,000, and the number of 200,000 alone accounts for 10% of their total share capital.
And if he buys 10 percent......
At that point, the media will really not be able to think of themselves as blind!
"Forget it, it's okay to increase the holdings of Berkshire Hathaway A by 60,000 shares, plus the previous 20,000 shares, a total of 80,000 shares, and push the shareholding ratio to 4......"
"And then you go and buy some Disney shares, no more than five percent, less than three billion."
"Let's buy some Enron stock with the last remaining money, isn't this company very hot now? Buy and play. β
Although Enron's stock price crashed directly due to financial fraud, before the financial fraud broke out, their stock price was still very strong, doubling in half a year.
In this case, buying some Enron shares appropriately is equivalent to earning some pocket money.
Invest 500 million in it, collect 1 billion yuan, deduct the taxes and fees caused by short-term speculation, and the remaining hundreds of millions can not only offset the wedding expenses, but also earn the money for the child's diapers in the future.
Alas! Is this the trouble of an immediate man?
It's so stressful!
I'm going to be bald!
Just when Roland was hiding in the corner, talking to David like a thief about a serious topic that could no longer be serious, a shout almost didn't scare his life away - "Roland ~ Roland? Rowland! β
"Eh, eh! I'm here, I'm here! β
Hearing his wife shouting to himself again, Roland, who wanted to talk more, quickly hung up the phone with David.
And when he followed the sound into the fitting room, the figure in a lace wedding dress with a white back firmly caught his eye, although he had seen it many times, but seriously, every time he changed clothes, it would make people feel fresh.
"Why did you go? You were still sitting here when I first went in to change clothes, why did you disappear as soon as you came out? β
The words of inquiry caused Roland to withdraw his gaze, and when he found that his mother-in-law, who was facing away from him, was observing his actions through the mirror, the smile of excitement because of the gaze made Roland purse his lips.
"I'll go out and answer a call." Roland raised his phone and shook it, explaining, "David called, asking about the renovation." β
"Oh~" Kate smiled and stretched her voice, not believing the stinky man's words at all.
Because Roland hates wasting time on trivial matters like decorating, whenever he encounters this kind of problem, he will always blame Kate on the reason that 'what his wife likes is what I like', so ......
Whenever he disappears, nine times out of ten, he goes to talk about work.
Although Roland repeatedly said that he listened to Kate for the next nine months.
But Kate doesn't think Roland can really let go of his career.
Therefore, even if she guessed the reason for Roland's departure, she didn't mean to pierce it, but pulled the veil with a smile, "I thought you went to the toilet, if you really went to the toilet, then you must wash your hands before you can touch me." β
Such words made Roland, who hated being asked, laugh.
Put his hands to the tip of his nose, sniff fakely, and then said, "I don't think I stink!" β
"Ah, did you really go to the toilet? Haven't washed your hands yet? Then stay away from me! β
Kate screamed, disgusted.
Roland stepped forward, as if to reason with the facts, and sent his hand to Kate.
"It doesn't stink! I don't believe you! β
"You go away! I don't smell it! β
Kate dodges left and right.
Roland continued to close.
"We've been here for more than 1,500 days, aren't you used to these things? I don't dislike you! β
"I hate you!"
"Wow! I won't accept what you say! It seems that I was too good to you before, and I must teach you a good lesson today! β
"Ahh Don't come here! β
"Nope! I'll come here! β
Two childish ghosts were fighting in the locker room.
The sound made the staff who were waiting outside for the summons look embarrassed.
Although I have been working in the bridal shop for so many years, I have seen a lot of newcomers with status, and they belong to eating dog food in a honey pot for a long time, but the feelings of those guys are not as good as the pair in the current one......
Although the other newcomers are also close, there is no couple who can joke like Roland and Kate.
Just when the staff sighed that love without a sense of class was too beautiful, in the closed room, the winner had been divided, Roland leaned against the corner and hugged Kate's waist, while Kate sat on Roland's lap and hooked his neck.
The veil draped behind this was flipped to the front because of the fight between the two.
The hazy cover could not block the sight of the two, and Kate's exhaled snort made the tulle rise and fall.
Raised, fallen, raised again, and fallen......
This regular movement caused Roland to squint his eyes with a smile, his lips slightly open, and he kept blowing to make the veil fit perfectly with Kate's cheek, and in doing so, Kate grinded her teeth and responded in the same way, wanting to blow the veil up.
In an instant, there was a pop, pop sound in the room.
The stupid behavior of the competition made the veil symbolizing youth and purity flutter like seaweed that no one wanted, and when Kate blew it up with a force, the veil raised high seemed to be uncovered, so that the two were completely unhindered.
Looking at the familiar face, pouting and blowing, the distorted appearance of his facial features made Roland laugh, and when he found that the raised veil was about to fall because Newton could not lift the coffin, his head also leaned over in time.
When the veil fell again, this time, it was two people covered.
"You're stupid." Roland, whose forehead was close to him, sued first.
"Heh, you're smart." Kate snorted, her face full of unshaven eyes.
Before the words fell, the two of them were amused by their childish words and giggled.
At the same time, the arms of the two also tightened tacitly.
When the fit of the close-fitting hug spread around him, Roland suddenly kissed Kate on the nose.
"It's so easy to be with you."
Kate also responded, kissing Roland's chin, "Me too." β
The gentle response made Roland's head tilt slightly, and when he found the fiery red lips with feeling, nextβ
That's the content of the barrage of 'pay to watch'.